This paper presents a simple model for analysing the contribution of investments in physical and institutional infrastructure to the transition process. In addition to the direct cost savings, infrastructure investment generates important indirect effects, or transition impacts. The model shows...

Cover -- Contents -- Series Foreword -- Acknowledgments -- Contributors -- I Introduction -- 1 Arguments for and against Policies to Promote National Champions -- II Analyses in Dynamic Settings -- 2 Some Thoughts on Industrial Policy and Growth -- 3 National Champions and Economic Growth -- 4...